Home / Knowledge / News / Apparel/Garments / Iberian clothing sales to dip 3.5% this year: DBK Report
Iberian clothing sales to dip 3.5% this year: DBK Report
Oct '13
The total clothing sales in the Iberian market, which includes Spain and Portugal, is expected to decline by about 3.5 percent year-on-year to €20.200 billion, according to a study recently published by DBK, a subsidiary of Informa D & B (Group CESCE).
The study says that apparel revenues in Spain would decrease by 3 percent to €16.850 billion, while there would be a dip of 5 percent in Portugal.
According to DBK, the value of clothing retail sales in the Iberian market fell to €20.935 billion in 2012, down 3.6 percent year-on-year. Of these, sales in Spain stood at €17.400 billion, down 3.1 percent, while sales in Portugal were €3.535 billion, down 6.2 percent.
The fall in retail clothing sales in Spain and Portugal last year was due to a decrease in consumption of households, the drop in prices resulting from the implementation of promotions and discounts by retail stores, and the growing demand for low-priced products.
The sales of clothing products from department stores, hypermarkets and supermarkets recorded a decline of 4.2 percent in 2012.
However, specialized chains benefited from the gradual change in the buying habits and their greater ability to offer innovative products at lower prices. But, these chains too witnessed a drop of 2 percent in their revenues last year.
The decline in household spending, associated with the high level of unemployment and economic uncertainty, continue penalizing sales in the short-term, both in Spain and Portugal, says the study.
In late 2012, nearly 75,000 points of sale specialized in clothing retail were operating in the Iberian market, of which, 80 percent were located in Spain and the remaining 20 percent were in Portugal.
Catalonia, Andalusia and Madrid account for almost half of the total number of clothing retail establishments in Spain, whereas in Portugal the largest number of apparel retail stores are located in the northern zone.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Apparel/Garments | On 26th Jun 2017

Enterprise Mauritius leading delegation to Fashion SVP

Enterprise Mauritius is leading a delegation of local apparel...

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search